DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Smith Salley Wealth Management

Independent wealth managerGreensboro, North CarolinaCRD 129614SEC 801-62538website IAPD

Legal name Smith, Salley & Associates, LLC

Latest filing Sep 9, 2026

First filing on the tape Mar 7, 2012 · 52 filings

SEC status approved since Dec 18, 2003

RAUM

$2.9B

reported, Item 5.F

Discretionary

100%

of RAUM

Private clients

93%

$2.7B individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

$170M

derived; firm RAUM over IAPD count

Employees

15 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

52 filings and snapshots on the tape

RAUM$2.9B as of May 12, 2026

Mar 7, 2012$186M then

HNW client RAUM$2.5B as of May 12, 2026

Mar 27, 2018$496M then

State-registered IARs (5.B.3)16 as of May 12, 2026

Jan 18, 20130 then

Employees (5.A)18 as of May 12, 2026

Jan 18, 20136 then

Private funds: no history

RAUM +23% over the last fiscal year+2.2% a year over threeIARs 16 to 16

Practice profile

derived from the filing of Sep 9, 2026; every figure names its basis

RAUM per advisor: $170MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 64derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $3.7MderivedHNW RAUM over HNW clients
Average account: $903,370derivedRAUM over accounts (5.F.2.f)
Discretionary: 100%derivedof RAUM
Institutional: 1.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 1.1derivedItem 5.A over advisors
Advisors per office: 4.3derived4 offices incl. principal (1.F.5)
RAUM growth, one year: +23%derivedbetween the last two annual amendments
Advisor growth, one year: +6.3%derivedItem 5.B.3 between annual amendments
Client growth, one year: +12%derived
Compensation: percentage of assetsreportedItem 5.E
Advisory activities: financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Financial planning clients: 500reportedItem 5.H
Custody: $391M, 77 clientsreportedItem 9.A
Ownership: no PE, bank or public-company owner found on Schedule Aderived
Advisor book size: not public; not estimatedreported

Also answered yes on Form ADV

is an insurance broker or agent (6.A.6)
buys or sells securities as principal to or from clients (8.A.2)
has discretionary authority over which securities are bought or sold (8.C.1)
receives research or other products from a broker-dealer, soft dollars (8.E)
has custody of client cash or bank accounts (9.A.1.a)
has custody of client securities (9.A.1.b)

Where the RAUM sits

Form ADV Item 5.D, latest filing

High-net-worth individuals$2.5B86%
Individuals$180M6.2%
Corporations and businesses$171M5.9%
Charitable organizations$39.4M1.4%
Banks and thrifts$2.6M0.1%

Individual clients: 410reported
HNW clients: 683reported
Pension plan clients: n/areported
Charitable clients: 11reported
Accounts: 3,203reported
Financial planning clients: 500reported
Wrap fee programs: noreported
Custody of client assets: $391M for 77 clientsreported
Compensation: % of AUMreported
Class basis: private_client_share=0.93 fund_share=0.0 institutional_share=0.01 related_bd= related_bank= bd_reps=0.0derived

Advisors registered through the firm

17 on IAPD today, longest tenure first

Name	Branch	Here since	In industry	Prior firms
George Gregory Smith	Greenboro, Nc	Jan 6, 2004	22 y	1
Edmund Scott BatchelorCertified Financial Planner	Greensboro, Nc	Feb 23, 2007	20 y	0
Hugo Brian May	Greensboro, Nc	Mar 20, 2009	25 y	0
James Blake GuylerChartered Financial Analyst	Greensboro, Nc	Jul 3, 2014	21 y	3
George Leonard Wyatt	Greensboro, Nc	Oct 31, 2014	13 y	0
William Andrew DonovanCertified Financial Planner	Greensboro, Nc	Sep 11, 2015	11 y	0
Allen James RoppCertified Financial Planner	Greensboro, Nc	Oct 31, 2017	11 y	0
Andrew R. ClarkCertified Financial Planner	Greensboro, Nc	May 22, 2018	10 y	1
Nadi Rasem TadrosChartered Financial Analyst	Greensboro, Nc	Feb 17, 2021	24 y	0
Pasquale ErrichielloCertified Financial Planner	Greensboro, Nc	Feb 22, 2021	16 y	2
Anna Susan Haldeman	Greensboro, Nc	Feb 11, 2022	14 y	0
Erin Michaele Fowlkes	Greensboro, Nc	Apr 1, 2022	10 y	2
Jacob Owen CollinsworthCertified Financial Planner, Chartered Financial Analyst	Greensboro, Nc	Jan 23, 2023	18 y	0
Benjamin Gordon BaileyCertified Financial Planner	Greensboro, Nc	Apr 30, 2024	11 y	4
Bradley Nelson BurkCertified Financial Planner	Mooresville, Nc	Sep 25, 2025	11 y	2
Robert Forest Boulton	Greensboro, Nc	Nov 7, 2025	13 y	0
Eric Gregory BarnettCertified Financial Planner	Greensboro, Nc	Aug 3, 2026	10 y	0

Advisor movement

2 left, 1 joined in 12 months

net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 12% of current headcount2 left over 36 months

Left, latest

Shannon Dale Burgett to Mercer Global Advisors Inc.
May 12, 2026 · RIA to RIA
Andrew Douglas Davis to Atlantic Union Municipal Advisors, Inc
Jan 7, 2026 · Other
Adam Richard Wojtkowski to Northwest Asset Management
Feb 25, 2022 · RIA to RIA

Joined, latest

Bradley Nelson Burk from Modera Wealth Management, LLC
Sep 25, 2025 · RIA to RIA
Benjamin Gordon Bailey from Fund Direct Advisors Inc.
Apr 30, 2024 · Other
Shannon Dale Burgett from Pnc Wealth Management
Jul 11, 2023 · Affiliated broker-dealer or bank to independent RIA
Erin Michaele Fowlkes from Beacon Pointe Advisors, LLC
Apr 1, 2022 · RIA to RIA
Pasquale Errichiello from Wells Fargo Advisors
Feb 22, 2021 · Wirehouse to independent RIA
Adam Richard Wojtkowski from Beaumont Financial Partners LLC
Jul 16, 2019 · RIA to RIA
Andrew R. Clark from Stearns Financial Group
May 22, 2018 · RIA to RIA
James Blake Guyler from Wallington Asset Management
Jul 3, 2014 · Other
Andrew Douglas Davis from Commerce Capital Management, Inc.
Apr 21, 2006 · Other
George Gregory Smith from Franklin Street Advisors Inc.
Jan 6, 2004 · Other

Every departure Every arrival

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

Scott Edmund Batchelor · Member/Chief Executive Officer Officer/Membercontrol
since 04/2007 · owns 10% to 25%
Brian Hugo May · Chief Compliance Officer/Membercontrol
since 08/2016 · owns less than 5%
Gregory George Smith · Managing Member/Chairmancontrol
since 11/2003 · owns 25% to 50%
R. Andrew Clark · Member
since 12/2021 · owns less than 5%
Douglas Andrew Davis · Member
since 03/2007 · owns 5% to 10%
Andrew William Donovan · Member
since 10/2016 · owns 10% to 25%
Pasquale Errichiello · Member
since 04/2022 · owns 5% to 10%
Blake James Guyler · Member
since 10/2016 · owns less than 5%

Related persons

Schedule D 7.A

No related person reported.

Office movement

IAPD branch city; joins and departures in 12 months

Office	Advisors	Joined	Left	Teams out	Forming
Greensboro, Nc · principal	16	3	2

Offices

Schedule D 1.F, the 25 largest

Durham, NC1 employees
, 1 employees
Charlotte, NC1 employees

ADV anomalies

1 against comparable advisers; where to look, not conclusions

control person changedChange between filings · filing Sep 9, 2026
MAY, HUGO, BRIAN (CHIEF COMPLIANCE OFFICER/MEMBER) left Schedule A between the filings of 2023-03-27 and 2026-09-09
peers: independent wealth managers, $1B to $5B (1,360)

How anomalies are measured

What changed

consecutive filings, newest first

Financial planning clients · More than 500 to More than 500
May 12, 2026 to Sep 9, 2026
Related adviser · false to unset
May 12, 2026 to Sep 9, 2026
Related bank · false to unset
May 12, 2026 to Sep 9, 2026
Related broker-dealer · false to unset
May 12, 2026 to Sep 9, 2026
Related insurance company · false to unset
May 12, 2026 to Sep 9, 2026
Succession · false to unset
May 12, 2026 to Sep 9, 2026
Advisory employees · 16 to 15
Apr 22, 2026 to May 12, 2026
Employees · 19 to 18
Apr 22, 2026 to May 12, 2026
State-registered IARs · 17 to 16
Apr 22, 2026 to May 12, 2026
Other offices · 4 to 3
Apr 22, 2026 to May 12, 2026
Accounts · 2,791 to 3,203
Jan 9, 2026 to Feb 25, 2026
Advisory employees · 17 to 16
Jan 9, 2026 to Feb 25, 2026
Corporate clients · 29 to 25
Jan 9, 2026 to Feb 25, 2026
HNW clients · 567 to 683
Jan 9, 2026 to Feb 25, 2026
Individual clients · 411 to 410
Jan 9, 2026 to Feb 25, 2026
Assets in custody · $347M to $391M
Jan 9, 2026 to Feb 25, 2026
Employees · 20 to 19
Jan 9, 2026 to Feb 25, 2026
State-registered IARs · 18 to 17
Jan 9, 2026 to Feb 25, 2026
Discretionary RAUM · $2.3B to $2.9B
Jan 9, 2026 to Feb 25, 2026
HNW RAUM · $2.0B to $2.5B
Jan 9, 2026 to Feb 25, 2026
Individual RAUM · $190M to $180M
Jan 9, 2026 to Feb 25, 2026
Non-discretionary RAUM · $709,299 to $957,268
Jan 9, 2026 to Feb 25, 2026
RAUM · $2.3B to $2.9B
Jan 9, 2026 to Feb 25, 2026
Advisory employees · 15 to 17
Aug 21, 2025 to Oct 3, 2025
Employees · 19 to 20
Aug 21, 2025 to Oct 3, 2025
State-registered IARs · 16 to 18
Aug 21, 2025 to Oct 3, 2025
Other offices · 3 to 4
Aug 21, 2025 to Oct 3, 2025
Accounts · 2,327 to 2,791
Mar 3, 2025 to Mar 31, 2025
Advisory employees · 16 to 15
Mar 3, 2025 to Mar 31, 2025
Advisory activities · 3 to 4
Mar 3, 2025 to Mar 31, 2025
Charity clients · 7 to 11
Mar 3, 2025 to Mar 31, 2025
Corporate clients · 28 to 29
Mar 3, 2025 to Mar 31, 2025
HNW clients · 453 to 567
Mar 3, 2025 to Mar 31, 2025
Individual clients · 387 to 411
Mar 3, 2025 to Mar 31, 2025
Assets in custody · $264M to $347M
Mar 3, 2025 to Mar 31, 2025
Custody of client assets · false to true
Mar 3, 2025 to Mar 31, 2025
Financial planning clients · 251-500 to More than 500
Mar 3, 2025 to Mar 31, 2025
State-registered IARs · 17 to 16
Mar 3, 2025 to Mar 31, 2025
Discretionary RAUM · $3.1B to $2.3B
Mar 3, 2025 to Mar 31, 2025
HNW RAUM · $1.5B to $2.0B
Mar 3, 2025 to Mar 31, 2025

Signals

5 dated events

Shannon Dale Burgett left Smith Salley Wealth Management for Mercer Global Advisors Inc. (registered 2026-05-14)
May 12, 2026 · Advisor changed firm · fact
Andrew Douglas Davis left Smith Salley Wealth Management for Atlantic Union Municipal Advisors, Inc (registered 2026-05-27)
Jan 7, 2026 · Advisor changed firm · fact
Mackay George Salley (Member/Chairman Emeritus) no longer on Schedule A of Smith Salley Wealth Management (listed 2024-05-01, absent 2024-06-11)
Jun 11, 2024 · Control person left · inference
Smith Salley Wealth Management reported RAUM $2.7B, up 34% from $2.0B (2022-01-31 to 2022-03-21)
Mar 21, 2022 · RAUM change · derived
Adam Richard Wojtkowski left Smith Salley Wealth Management for Northwest Asset Management (registered 2022-02-11)
Feb 25, 2022 · Advisor changed firm · fact

Across DFX

shared identifiers only, never a name match

No identifier-backed link to the venture, private equity, family office or sponsor graphs.

How to reach

public business contact points only, each with its source

Business email: info@smith-salley.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email: scott@smith-salley.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email: adonovan@smith-salley.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone: 336-365-9037reportedpublished by the firm, firm site, Sep 15, 2026
Business phone: 336-379-8606reportedpublished by the firm, firm site, Sep 15, 2026
Business phone: 336-379-7556reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile: linkedin.com/company/smith-salley-associates-llcreportedpublic record, Form ADV, Sep 17, 2026
Website: SMITH-SALLEY.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone: 336-379-7556reportedpublic record, Form ADV, Sep 9, 2026
Contact form: smith-salley.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page: smith-salley.com/teamreportedpublished by the firm, firm site, Sep 15, 2026

Provenance

Form ADV: SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors: IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class: Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor: $170Mderivedfirm RAUM over the IAPD count; not a book size
Loaded: Sep 14, 2026